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Feb 4, 2013
02/13
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host: some are not strategy as far as moving the debt ceiling ahead. guest: if they had gone ahead with it, it would have been politically cataclysmic. it was the worst percival -- worst possible ground to make their point. president obama 1. i think it's absolutely crucial for the future of the country that you cannot govern from the house. some house republicans, i am sympathetic to their concerns. their enthusiasm try to get in the battle is misplaced. you would have had high-stakes confrontation. in the end, you would have had republicans peeling off. but you would have been, at the beginning, bumping your chest, making all of these demands, saying we're not going to back down. at the end they would cave damn it would have gotten the worst of all possible worlds. there's a lot of frustration in the republican caucus that john boehner has to deal with. i think he did a pretty good job. host: peter wehner, senior fellow at the ethics and the policy center. if you want to find out more about his organization and his writing, visit their web site. comi
host: some are not strategy as far as moving the debt ceiling ahead. guest: if they had gone ahead with it, it would have been politically cataclysmic. it was the worst percival -- worst possible ground to make their point. president obama 1. i think it's absolutely crucial for the future of the country that you cannot govern from the house. some house republicans, i am sympathetic to their concerns. their enthusiasm try to get in the battle is misplaced. you would have had high-stakes...
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Feb 6, 2013
02/13
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if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and the entire $1.2 trillion will be a 50-50 defense between defense and spending. to put us into perspective is the center for social inclusion. the sequester was designed to be something that would never happen. prot expect would scare washington into coming out with something else. there sounds out of washington, particularly from republicans that they might be okay with nothing happening and sequester being triggered. half is defense and half non-domestic discretionary spending. can you explain to people what would be cut if the sequester goes into effect. >> it's a pleasure to be here.
if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and...
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Feb 4, 2013
02/13
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then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on that kind of rationale is not a political win, not a policy win. everybody is losing. >> the "new york times" op-ed says more than a million jobs are on the line if this deal isn't made. a quote saying the losses will soon spread as contracts to states and cities are cut, education and police grants are cut, and payments to medicare providers are cut, even the aid just approved to victims of hurricane sandy will fall under the sequester's act. americans are about to find out what happens when an entire political party demands deficit reduction at all costs because those costs will be enormous. t
then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on...
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Feb 8, 2013
02/13
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. >> nobody is worried about this upcoming debate on sequestration, on the debt ceiling. you think that creates noise and disruption. >> i do, maria. i think that you've got a trifecta coming off, you've got the skywest raise and the debt ceiling and the eurozone so there's still a lot of volatility out there, so that's have we're cautiously optimistic. you need to be properly allocated in order to reap the rewards of the greatest capital machine in the world which is our united states stock market. >> thanks, everybody. appreciate your time. >> we'll see you soon in the final stretch of trading. we've got a market that's higher on the dow jones industrial average. >> remember, the dow needs to be up 66 points or there abouts to be positive. don't look now but suddenly apple is up past $475 a share and it's all because big investors have a beef with the board. we'll talk to one major investor who is on apple's side in this battle. >> look outside new york city and our cnbc headquarters. it is bad and it's getting worse. the big worry now, power outages. believe it or not,
. >> nobody is worried about this upcoming debate on sequestration, on the debt ceiling. you think that creates noise and disruption. >> i do, maria. i think that you've got a trifecta coming off, you've got the skywest raise and the debt ceiling and the eurozone so there's still a lot of volatility out there, so that's have we're cautiously optimistic. you need to be properly allocated in order to reap the rewards of the greatest capital machine in the world which is our united...
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Feb 9, 2013
02/13
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. >> at minimum we've got to raise the debt ceiling. so, that's the bare minimum that has to be achieved. >> here is what john boehner and the republicans in the house were demanding. >> the house cannot pass a bill that raises taxes on job creators. the house could only pass a debt limit bill that includes spending cuts larger than the hike in the debt limit as well as real restraints on future spending. >> and here is what john boehner said when the final bill was si signed into law with the dreaded sequester. >> when you look at this final agreement that we came to with the white house, i got 98% of what i wanted. i'm pretty happy. >> to his credit, that's how republicans lindsey graham remembers it as well. >> as john will say it with straight talk, we have our fingerprints as republicans on this proposal, on this sequestration idea. it was the president's idea, according to bob woodward's book, but we as the republican party gagreed to it. we got in this mess together and we're going to have to get out together. >> joining me now a
. >> at minimum we've got to raise the debt ceiling. so, that's the bare minimum that has to be achieved. >> here is what john boehner and the republicans in the house were demanding. >> the house cannot pass a bill that raises taxes on job creators. the house could only pass a debt limit bill that includes spending cuts larger than the hike in the debt limit as well as real restraints on future spending. >> and here is what john boehner said when the final bill was si...
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Feb 7, 2013
02/13
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ceiling. >> we got the debt limit out of the way so that we weren't jeopardizing the full faith and credit of the united states government. at some point, washington has to deal with its spending problem. i've watched them kick this can down the road for 22 years that i've been here. i've had enough of it. time to act. >> sreenivasan: at the white house, spokesman jay carney it's the republicans who are being irresponsible, by rejecting the president's appeal out of hand. >> he put forward a proposal for avoiding that outcome while congress continues working on longer term deficit reduction. that's the sensible thing to do. why make-- why punish the american people because you haven't been able to achieve your ideological objectives through other means? >> sreenivasan: in another development, the associated press reported the u.s. military is cutting back from two aircraft carriers to one, in the persian gulf. the report cited u.s. officials who said it's a direct response to the looming, across-the-board cuts. u.s. and british regulators have fined the royal bank of scotland more t
ceiling. >> we got the debt limit out of the way so that we weren't jeopardizing the full faith and credit of the united states government. at some point, washington has to deal with its spending problem. i've watched them kick this can down the road for 22 years that i've been here. i've had enough of it. time to act. >> sreenivasan: at the white house, spokesman jay carney it's the republicans who are being irresponsible, by rejecting the president's appeal out of hand. >>...
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ceiling. >> we got the debt limit out of the way so that we weren't jeopardizing the full faith and credit of the united states government. at some point, washington has to deal with its spending problem. i've watched them kick this can down the road for 22 years that i've been here. i've had enough of it. time to act. >> sreenivasan: at the white house, spokesman jay carney it's the republicans who are being irresponsible, by rejecting the president's appeal out of hand. >> he put forward a proposal for avoiding that outcome while congress continues working on longer term deficit reduction. that's the sensible thing to do. why make-- why punish the american people because you haven't been able to achieve your ideological objectives through other means? >> sreenivasan: in another development, the associated press reported the u.s. military is cutting back from two aircraft carriers to one, in the persian gulf. the report cited u.s. officials who said it's a direct response to the looming, across-the-board cuts. u.s. and british regulators have fined the royal bank of scotland more t
ceiling. >> we got the debt limit out of the way so that we weren't jeopardizing the full faith and credit of the united states government. at some point, washington has to deal with its spending problem. i've watched them kick this can down the road for 22 years that i've been here. i've had enough of it. time to act. >> sreenivasan: at the white house, spokesman jay carney it's the republicans who are being irresponsible, by rejecting the president's appeal out of hand. >>...
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Feb 12, 2013
02/13
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WBAL
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the fight over the debt ceiling is back in play in mid may. >> hallie jackson, thank you. >> 5:27. >> the latest on the breaking news out of college >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. welcome back to 11 news today. i'm mindy basara. >> and i'm stan stovall. thanks for joining us for 11 news today. here's a look at some of our top stories. police on the scene of a death investigation near the college park campus at the university of maryland. the university sent out and emergency alert to all students that said a shooting happened on campus. suspects were seen leaving in a honda odyssey. >> a successful nuclear test from north korea. the white house calls the latest test a highly provocative act. >> a financial plan for baltimore from stephanie rawlings-blake. having city employees contribute to their pensions. you can read more on our website, wbaltv.com. >> not to bed as far as the temperatures -- not toobad as far as the temperatures. 45 degrees at the airport. we will make it up to 50 this afternoon. sunshi
the fight over the debt ceiling is back in play in mid may. >> hallie jackson, thank you. >> 5:27. >> the latest on the breaking news out of college >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. welcome back to 11 news today. i'm mindy basara. >> and i'm stan stovall. thanks for joining us for 11 news today. here's a look at some of our top stories. police on the scene of a death investigation...
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Feb 12, 2013
02/13
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limit, debt ceiling deadline of may 19. the time, ladies and gentlemen, where we if we can work together, if we can work together as a -- as the representatives of the people of this great country, come together and find the solutions that will get us on the pro-growth path. because you can't balance the budget solely on raising taxes you can't budget the balance -- balance the budget solely on spend regular duckses. you have to get the economy rolling again. for us that means appropriate tax reform, saving, strengthening, and securing medicare, medicaid, an social security, programs on a path to bankruptcy. it means adopting a sane energy policy to make it so we're energy independent, we don't have to continue to send money overseas, over and over and over. and also it means recognizing that we are a red tape regulation nation right now that is destroying the ability for small and large businesses to create jobs. pro growth policies are what will actually get us out of the doll drum wers in right now. finally, let me leave
limit, debt ceiling deadline of may 19. the time, ladies and gentlemen, where we if we can work together, if we can work together as a -- as the representatives of the people of this great country, come together and find the solutions that will get us on the pro-growth path. because you can't balance the budget solely on raising taxes you can't budget the balance -- balance the budget solely on spend regular duckses. you have to get the economy rolling again. for us that means appropriate tax...
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Feb 4, 2013
02/13
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it was not addressed in the debt ceiling. the debt ceiling should have been extended, but we need to now deal with the fundamental problem that our spending and revenues are not in line. now, we could talk about the cause of how we got here. we could talk about how the congress reduced tax revenues while we were at war, a policy that i spoke out against and voted against, but our responsibility is to figure out how we go from where we are today with budget deficits that are not sustainable to how we can bring our country into better fiscal balance. we need a balanced approach. we need an approach that looks at spending, looks at revenues, that acknowledges that job growth is first and foremost our objective. we have got to create more jobs in our economy. more people working, less people needing governmental services, more people paying tax revenues. all of that helps generate the growth in our economy. we have got to protect the middle class. the middle class has been particularly vulnerable during this slowdown in our econo
it was not addressed in the debt ceiling. the debt ceiling should have been extended, but we need to now deal with the fundamental problem that our spending and revenues are not in line. now, we could talk about the cause of how we got here. we could talk about how the congress reduced tax revenues while we were at war, a policy that i spoke out against and voted against, but our responsibility is to figure out how we go from where we are today with budget deficits that are not sustainable to...
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Feb 8, 2013
02/13
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the debt ceiling was scary as hell. we didn't know what would happen. if the united states stopped honoring its debts even for a day, who knew what would happen to the world financial system. this time if it goes moont, it's not the end of the world but it's big. this is a substantial spending cut in a depressed economy. this is exactly the wrong time to have fiscal austerity of any kind and the defense spending cuts are job destroyers, just like anything else. so not -- this is not what we want to see happen. if it all goes through, it's a pretty significant -- it's enough to push us is certainly into rising unemployment, possibly even back into recession. >> i want to listen to something that john boehner said about how we have handled deficits over the years. let's listen to this. >> at some point, washington has to deal with its spending problem. now, i've watched them kick this can down the road 22 years that i've been here. i've had enough of it. it's time to act. >> that is -- i'm trying to think of a word other than lie. kick the can down the ro
the debt ceiling was scary as hell. we didn't know what would happen. if the united states stopped honoring its debts even for a day, who knew what would happen to the world financial system. this time if it goes moont, it's not the end of the world but it's big. this is a substantial spending cut in a depressed economy. this is exactly the wrong time to have fiscal austerity of any kind and the defense spending cuts are job destroyers, just like anything else. so not -- this is not what we...
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Feb 5, 2013
02/13
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it's been on debt ceilings, budgets, deadlines and negotiations. all of this is extremely important because i don't think there's any substitute for getting our fiscal house in order. there's no greater moral imperative than to reduce the mountain of debt that's facing us, our children and theirs. and our house republican majority stands ready for the president and his party to join us in actually tackling the big problems facing this country. but today i'd like to focus really on what lies beyond the fiscal debate. over the next two years, our house majority will pursue an agenda that is based on a shared vision of creating the conditions of health, happiness and prosperity for more americans and their families. and to restrain washington from interfering in those pursuits. we'll advance proposals aimed at producing results in areas like education, health care, innovation and job growth. our solutions will be based on the conservative presence of self-reliance, faith in the individual, trust in family and accountability in government. our goal is
it's been on debt ceilings, budgets, deadlines and negotiations. all of this is extremely important because i don't think there's any substitute for getting our fiscal house in order. there's no greater moral imperative than to reduce the mountain of debt that's facing us, our children and theirs. and our house republican majority stands ready for the president and his party to join us in actually tackling the big problems facing this country. but today i'd like to focus really on what lies...
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Feb 6, 2013
02/13
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so they've passed a law to temporarily not enforce that debt ceiling until may. so two big deadlines. march 1 and may 18. >> we do a lot of kicking the can. but almost always they come to a resolution in the 11th hour, like karen said. and there is some encouraging news, 157,000 new hires in january is not what they were expecting. so there some encouraging news out there. we don't have to panic. but we do need to get our pocketbooks in check. and our government has a hard time doing that. >> just because the dow is over 14,000, that's a great sign. people forget those days, 6,500 when we were at the worst of the crisis, so to be over 14,000 right now is a big deal. so we'll see what's next. >> right. let's get this going. >>> federal prosecutors are going after the huge ratings agency standards and poors with connection to the mortgage meltdown. the justice department claims that s&p kept giving top ratings to investments it's own analysts warned were two risky. >> while big bankers and lenders built mortgaged backed bombs, it was s&p's faulty ratings that deton
so they've passed a law to temporarily not enforce that debt ceiling until may. so two big deadlines. march 1 and may 18. >> we do a lot of kicking the can. but almost always they come to a resolution in the 11th hour, like karen said. and there is some encouraging news, 157,000 new hires in january is not what they were expecting. so there some encouraging news out there. we don't have to panic. but we do need to get our pocketbooks in check. and our government has a hard time doing...
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Feb 4, 2013
02/13
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it is an interesting piece about this fearmongering and screaming we did debt ceiling hostage crisis and all of that stuff. anyway, so not to discount your fear that we're going to be overtaken. >> well, yeah. that's paranormal. >> stephanie: we'll talk about this and much more as we continue. 19 minutes after the hour. it is "the stephanie miller show." >> announcer: funny how. funny like she's a clown. like she's here to amuse you. it's the "the stephanie miller show." he was a comedy genious. addicted to the spotlight and living too close to the edge. of all the hours in all his days, these are the ones you'll never forget. ♪ bad, bad ♪ >> stephanie miller. ♪ baddest girl ♪ ♪ in the whole damn town ♪ ♪ badder than king kong ♪ ♪ meaner than a junkyard dog ♪ >> stephanie: it is "the stephanie miller show." welcome to it. 24 minutes after the hour. 1-800-steph-12 the phone number toll free from anywhere. jake with the president carney. >> we created 2.2 million now with the revisions jobs in 2012. that means that we have been moving in the right direction when it
it is an interesting piece about this fearmongering and screaming we did debt ceiling hostage crisis and all of that stuff. anyway, so not to discount your fear that we're going to be overtaken. >> well, yeah. that's paranormal. >> stephanie: we'll talk about this and much more as we continue. 19 minutes after the hour. it is "the stephanie miller show." >> announcer: funny how. funny like she's a clown. like she's here to amuse you. it's the "the stephanie...